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Question:
(a) Describe risk as per the Public Private Partnership Guidance Manual.
(b) What are the primary objectives of transferring risks from a contracting authority to a private sector contractor?
(c) Risk assessment is needed to enable the objectives of risk transfer to be achieved. What are the purposes of assessing risk within a PPP project?
(d) There are different categories of risk related with infrastructure projects. List and explain the risks.
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